Canadian regulator approves CI Financial's Bitcoin ETF

Canadian regulator approves CI Financial's Bitcoin ETF


According to public sources, Canadian regulators approved CI Global Asset Management's (CI GAM) CI Galaxy Bitcoin ETF (BTCX) issuance on March 4. According to the announcement, the CI-Galaxy Bitcoin ETF (BTCX) will begin trading on the Toronto Stock Exchange on Tuesday, approved by the Toronto Stock Exchange. The company also plans to merge its existing Bitcoin fund into an ETF. CI Galaxy Bitcoin Fund manages assets valued at approximately US$172 million.

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